Royal Caribbean to buy 50% of Sandals Resorts for $3B, its largest deal

Royal Caribbean Group is forming a 50/50 joint venture with Sandals Resorts International, acquiring a 50% equity stake for approximately $3 billion in cash and debt financing. The deal values Sandals at roughly $6 billion and marks RCL's largest-ever transaction, adding 20 all-inclusive Caribbean properties to its portfolio. 84 clean stories shaped this window, with sentiment bullish at 62/100. Also in focus: Russia: strikes on Ukrainian energy and defence facilities.